Futures are down, but chip sector expected to have strong earnings.

From Google: 2024-10-16 22:57:00

Futures are down as investors eye key earnings reports from chip sector giants like Intel and AMD. These reports are expected to show strong growth due to increased demand for chips. Intel is expected to report earnings per share of $1.70, while AMD is expected to report earnings of $0.58 per share. Analysts are optimistic about the sector’s performance in the coming quarters as demand for chips continues to rise. Stock prices are likely to be volatile in response to these earnings reports.



Read more at Google: Futures Fall; Huge Earnings For Chip Sector On Tap – Investor’s Business Daily